ChemConnect was founded in 1995 as a bulletin board site, and has since then established itself as a leader in helping companies optimize their purchasing and sales processes for chemical feedstocks, chemicals, plastics, and related products through the use of e-commerce. The company is committed to innovating and improving transaction processes for buyers and sellers in multiple industries around the world.
In 1999 ChemConnect launched its first negotiations platform and next year the company launched online auction capability and its commodities exchange. In 2001 ChemConnect merged with Envera and in 2002 the company acquired CheMatch and Altra Energy's Chalkboard platform. During the same year ChemConnect launched the single Commodity Markets trading platform.
Using innovative ChemConnect Solutions -based on a unique combination of market information, industry expertise, e-commerce tools and services, and an active network of trading partners- more than 12,000 Member companies from 125 countries can access reliable market information, reduce process inefficiencies, and improve profitability. By 2001 75% of the top 20 chemical companies have done business on ChemConnect.
Most in the industry consider ChemConnect the healthiest survivor of the B2B dot.com shakeout that claimed a host of victims in this market having in 2002 a transaction volume that exceeded $8.8 billion.
Related Photos:
|
|
|||
